A Comparative Study on Productivity and Efficiency in the Manufacturing Sectors of Korea and China
This paper empirically investigates and compares efficiency, productivity, and shadow prices of pollution in the manufacturing sectors of Korea and China, with and without considering environmental pollution. The results show that efficiency and productivity in the Korean manufacturing sector are less competitive than those of China. However, if pollutant abatement activities are regarded as part of economic activities, Korea shows higher growth in productivity than China. The shadow prices of pollution show that, since China is an early stage in environmental regulation, the control doesnt affect productivity. In the near future, however, if environmental regulation in China is strengthened, it is expected that the difference between Korea and China in productivity will be disappeared.
Efficiency Environmental regulation pollution productivity shadow prices
Sang-Mok Kang
Department of Economics, Pusan National University, South Korea
国际会议
The 7th Northeast Asia Management & Economy Joint Conference(第七届东北亚经济与管理论坛)
北京
英文
253-266
2008-10-25（万方平台首次上网日期，不代表论文的发表时间）